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Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. .

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Interest rate risk management in a rising rate environment

Abrigo

You might also like this video on managing interest rate risk. WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Stay up to date with Abrigo advisors' ideas for managing interest rate risk.

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3rd annual Risk Management Summit proves “valuable” and “insightful”

Abrigo

More than 140 bankers and industry experts from over 30 states gathered in Nashville, Tennessee last month for the 3rd annual Risk Management Summit hosted by Sageworks. ” The 4th annual Risk Management Summit is planned for 2015, and announcements will be made when plans are finalized. Blog Bank Credit Union'

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Ten qualities of a successful BSA officer

Abrigo

Watch webinar Takeaway 1 BSA Officers are the frontline defenders against financial crimes in banking institutions, and hiring the proper skill set for each BSA position is critical. If the BSA Officer is a higher level and a “big picture” leader, process managers must naturally be analytical and confident to fill this necessary skill set.

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The Importance of Managing Core Deposits 

Abrigo

“I don’t think there’s any more important topic at this time in our recovery in the economy and the state of community financial institution management,” said Dave Koch, Managing Director of Advisory Services at Abrigo on the topic of core deposits. Deposits are a thing that we have coveted for a while and became quite easy.

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Avoiding AML compliance penalties – Tips from a former regulator

Abrigo

FinCEN said this was done with little to no risk management program. The credit union was not reviewing 314(a) requests, not conducting independent testing, and could not provide regulators with a meaningful risk assessment. Navigate your BSA exam with tips from this on-demand webinar.

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How to Win Small Business Loans This Year

Abrigo

You might also like this webinar on small business lending best practices. However, both of those approaches could hurt bank returns and potentially increase risk for the institution. Lending & Credit Risk. Portfolio Risk & CECL. Jump-Start Digital Transformation with Change Management. Learn More.

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